CHEMPLAST SANMAR LIMITED Share price

Chemplast Sanmar Limited, formerly known as Chemicals & Plastics India Limited, incorporated in 1985. The Company was initially promoted as 'Urethanes India' a subsidiary of Chemplast, the flagship company of the Sanmar Group, Tamil Nadu. Later, it became a fully-owned subsidiary of Chemplast in 1991 when Chemicals & Plastics India Limited was changed to 'Chemplast Sanmar Limited' on September 28, 1995. The Company is a leading speciality chemicals manufacturer with a focus on speciality paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. It is the largest manufacturer of Speciality Paste PVC Resin In addition, it is the fourth largest manufacturer of Caustic Soda and largest manufacturer of Hydrogen Peroxide in South India and one of the oldest manufacturers of Chloromethanes in India. The company set up a 2500 TPA Thermoplastic Polyurethane Plant in Tamil Nadu in technical collaboration with BF Goodrich Company, US. It manufactures caustic soda, chlorine, chlorinated solvents, PVC, refrigerant gases and industrial alcohol. In 1991-92, the capacity of PVC was enhanced to 48,000 TPA, making it the third largest manufacturer of PVC resin in the country. The company formed Peroxides India in collaboration with Atochem, US, for a wide variety of polymerisation initiators; and Drechem Speciality Chemicals, in technical collaboration with Dragoco, Germany, to manufacture aromatic chemicals. The PVC capacity enhanced from 48,000 TPA to 60,000 TPA and that of chloromethanes enhanced to 25,000 TPA. In 1995-96, Metkem Silicon, a subsidiary of the company manufacturing poly and mono crystalline silicon was merged with the holding company. During the same period, the thermoplastics polyuerthane division of the company was spun-off into a joint venture with Bayer, Germany. It also has entered into a joint venture with Cabot Corporation, US, for the manufacture of fumed silica as a springboard. During the year 2018-19, the Suspension PVC Business of the Company was demerged as a going concern and vested with Chemplast Cuddalore Vinyls Limited, and the Company's holding company Sanmar Speciality Chemicals Limited was merged with the Company effective from 1 April, 2018. Consequent to the Scheme of Arrangement, Sanmar Holdings Limited. became the Company's holding Company. A new 41 ktpa Chloromethanes Plant at Dahej was commissioned during the year 2019-20. During year 2022-23, wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (CCVL), completed its debottlenecking project, adding 10% to its production capacity. The Company commissioned new Speciality Paste PVC facility at Cuddalore, with a capacity of 41,000 MTPA in 2024. Further, the Phase 2 of the new multi-purpose block in the Custom Manufacturing Chemicals Division was commissioned in FY 2025. In FY26, Company expanded the Cuddalore Paste PVC Plant, making it operational to the full capacity. The R32 refrigerant gas and the 2 KTPA Swing Plant at Mettur have commenced commercial production in May 2026.